Solar Panels Cost 16k-27k in McCalla CDP, AL | October, 2024

Solar Panels Cost $16k-$27k in McCalla CDP, AL | October, 2024

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How much do solar panels cost in McCalla CDP, AL in 2024?

For the month of October, 2024, the price per watt for solar panel systems in McCalla CDP, AL is $3.95/W, on average.

In other words, solar panel installations will cost you about $3,950 per 1 kW (or 1000 watts) of production capacity. When you subtract the 30% federal tax credit, you will pay around $13,825 for a 5 kW panel install in McCalla CDP. However, a 5kW system may not be big enough to ensure your energy needs are met.

To the left, you can select your county to find out the average roof size and the maximum capacity of solar panels for houses in your area. You can review the costs, payback period, and 20-year average savings for a 5 kW system in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
McCalla CDP: $13,825US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
McCalla CDP: 6 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
McCalla CDP: $23,976US Average: $15,784

Solar Potential in McCalla CDP

Estimated system size and solar electricity production per median viable roof in
McCalla CDP.

Roof size 733sq. ft.
Capacity 10.25kW DC
Electricity 12.5kkWh AC per yr.

Electricity Costs in McCalla CDP, AL & What that Means for Your Solar Panel Pricing

The average electricity bill in McCalla CDP, for a usage of 1,134 kWh per month, is $182.19. This figure also factors in the energy needs of apartments and smaller dwellings.

In October 2024, the average electricity rate in McCalla CDP, AL amounts to 16.07¢ per kWh.

In McCalla CDP, average users will require a system size of 10 kW or greater to fully meet their entire energy usage requirements. The cost of a a 10 kW solar system is approximately $39,500 initially, but the federal tax credit provides a 30% credit, reducing your total to $27,650.

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Average solar panel costs by system size in McCalla CDP

Presented on the left, you will find a cost summary for different solar panel system sizes installed in McCalla CDP. The bigger the solar array, the larger the initial expense, but also the greater electricity savings and income tax credits you'll receive.

The breakdown of costs and benefits for solar panels, displayed in the calculator below and to the right, is based on an average electric bill of $182.19 in McCalla CDP. For more specific results, just change the $182.19 with whatever your average electricity bill is.

System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,450 a year
Est. Price
$16,590
Savings from a 6kWthis system
  • Est. yearly production 9,065 kWh
  • Est. monthly savings $121
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 3.78 tons a year
  • Equivalent to planting 174 trees a year
  • Equivalent to driving 9,364 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,692 a year
Est. Price
$19,355
Savings from a 7kWthis system
  • Est. yearly production 10,576 kWh
  • Est. monthly savings $141
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.41 tons a year
  • Equivalent to planting 203 trees a year
  • Equivalent to driving 10,925 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,934 a year
Est. Price
$22,120
Savings from a 8kWthis system
  • Est. yearly production 12,087 kWh
  • Est. monthly savings $161
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 5.04 tons a year
  • Equivalent to planting 232 trees a year
  • Equivalent to driving 12,486 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $2,176 a year
Est. Price
$24,885
Savings from a 9kWthis system
  • Est. yearly production 13,598 kWh
  • Est. monthly savings $181
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 5.67 tons a year
  • Equivalent to planting 261 trees a year
  • Equivalent to driving 14,046 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $2,417 a year
Est. Price
$27,650
Savings from a 10kWthis system
  • Est. yearly production 15,109 kWh
  • Est. monthly savings $182
  • Full payback in 13 years
Environmental Impacts
  • Reduces CO2 emissions by 5.7 tons a year
  • Equivalent to planting 262 trees a year
  • Equivalent to driving 14,100 mi less a year

McCalla CDP Solar Panel Installation Incentives & Rebates | 2024

The financial burden of installing photovoltaic or wind turbines for rural agricultural enterprises and small businesses could be eased with the REAP Grant, covering 80% to 100% of the costs. If you think you might be eligible, try our REAP Grant eligibility tool to check your qualification.

Almost all residents are eligible for the 30% federal income tax credit for residential solar, which makes it a viable option in various states in the country. State and local governments offer various programs to promote the switch to solar energy.

A total of 4 solar incentive and rebate programs are available in Alabama from various utilities and government organizations.

Local Government Energy Loan Program

Value:Varies

Through its public-private partnership with PowerSouth, Alabama's Local Government Energy Loan Program offers zero-interest loans to governments and educational institutes for improvements involving renewable energy sources. The loans are repayable through savings on utility bills. They may borrow up to $350,000 for eligible projects, while schools may ask for $350,000 pr campus or $500,000 per system. There is a minimum loan of $50,000. An energy audit must be completed to identify improvements and the recipient must be benchmarked using the Energy Star Portfolio Manager program following installation. Details and application are available on the program website.

Local Option- Sales Tax Abatement for Renewable Energy Facilities

Value:Varies

In order to encourage renewable energy sources, Alabama allows local governments to provide exemptions and abatement for qualifying renewable energy facilities; the precise governmental body depends on the size of the facility. Facilities may also qualify for a reduced tax rate of 1.5%, although it was only available until 2019. Hydroelectric power is exempted from the definition of renewable energy resource, but most other renewable resources do meet the definition. Note that the local government can impose an additional sales or use tax. The exemption and abatement only apply to the noneducational portion of the sales tax.

Local Option- Property Tax Exemption for Renewable Energy Faclities

Value:Varies

Alabama provides abatement of property tax for qualifying renewable energy facilities for the noneducational part of the property tax. While most renewable resources are included in the program, hydroelectric power is exempted. The property tax abatement is based on the annual value of the assessed value. The abatement may be given for ten years and extended for another ten years, for a total of twenty years, depending on the permission of the local authority. Interested facilities can apply with the local governmental body. The local authority will perform a cost/benefit analysis to determine the maximum exemption period for the abatement.

AlabamaSAVES Revolving Loan Program

Value:Varies

Alabama SAVES funds subordinated participating interests in qualified third-party loans for financing energy projects of existing Alabama businesses. The participating interest can be 25% of the loan or 100% of the cost of the project, whichever is lower. Before funding can be awarded, the project must undergo an energy assessment and an estimated energy savings impact must be submitted to ensure the loan will be paid back within 10 years. This program was initially capitalized through the American Recovery and Reinvestment Program and is offered through the Alabama Department of Economic and Community Affairs. Please see the program website for information and program materials.

Are solar panels worth it in Alabama?

For homeowners in McCalla CDP expecting to remain in their homes after the payback period for solar panels, solar energy is a sensible choice. A 5 kW system in McCalla CDP, AL will help you save the average homeowner, on average, $29,900.6 over a 20 period and the average break even point is 6 years.

The cost of not having solar panels in McCalla CDP, AL

Apart from the savings noted earlier, failing to install solar panels or an alternative energy backup leads to you being wholly dependent on your electric utility for power supply. Total dependence on your utility provider isn't always ideal, as recent examples in the news have demonstrated.

In recent times, the average number of utility outages per customer annually in McCalla CDP has been about 1.12. Typically, outages have an average duration of 110.26 minutes. However, during significant events such as wildfires, overloaded power grids, or wildlife damage, these times can drastically increase.

A solar panel system could lessen the inconvenience of future outages, even if it doesn't have a backup battery.

Power Outages

Currently, 0 customers are being tracked in Jefferson County.

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Customers Out:

0

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What impacts the cost of solar panels in McCalla CDP, AL?

Your Energy Needs - The price per watt reduces with larger solar panel systems, even though the upfront cost is higher. Setting up a solar system that produces sufficient electricity to offset their electric bill is advantageous to most homeowners, resulting in savings.

Make & Model - Like many other products, there are various makes and models of solar panels available. It's crucial to pick a highly rated contractor, considering the brand preferences that installers may have. Superior quality materials generally lead to a more favorable long-term experience for buyers.

Solar Panel Type - Monocrystalline panels are widely recognized as the industry standard, and deservedly so. Despite the higher price tag, these panels produce greater energy output. Many installation experts use panels constructed from this material.

Your Property - Each property and home presents unique challenges. Trees, sloped land, or other impediments may complicate the installation process. Nowadays, the most solar installers can assess your home with satellite images and incorporate these factors in the preliminary cost estimate.

Labor Rates - The pay that various companies offer their employees differ, and these expenses are passed on to the consumers. Paying higher wages frequently results in businesses receiving better reviews for their work and customer service.

Permitting & Interconnection - Local permitting and utility interconnection fees, which differ by area, will affect your installation cost. That said, quality local installers will be able to incorporate these numbers into your initial quotes so there are no surprises.

See what solar panels cost in other AL cities

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Who are the best solar installers in McCalla CDP?

Eagle Solar and Light

Birmingham, AL(205) 202-2208

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

Go Solar Power

Boca Raton, FL(800) 530-9597

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.

Silver Sun Solar

Deltona, FL(340) 227-7785

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Tungsten Electric

Nashville-Davidson metropolitan government, TN(615) 491-0206

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

LightEdison

Denver, CO(888) 966-6377

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Solar Plus

Atlanta, GA(470) 378-1182

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.

McCalla CDP, AL Solar Panel Cost FAQs

  • During October, 2024, the average price for solar panel installations in McCalla CDP, AL is $3.95/W. Post federal tax credit, a 5 kW solar panel system installation in McCalla CDP, AL will roughly cost $13,825.

  • Various utility providers and government organizations in Alabama are offering 4 rebates and incentives at this time. In addition, nearly all people are eligible for the 30%federal tax credit.

  • Even though paying cash offers the most savings, there are now numerous financing options for solar panels that also are cost-effective. Information about financing options is typically included in initial quotes provided by installers.

  • Yes, solar panels systems of 5 kW in McCalla CDP, AL typically have a payback period of 6years, with expected savings on electricity costs of $29,900.6 over 20 years.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01